Is Maintenance included?

– The maintenance is not included. This means all maintenance related matters are the responsibility of the lessee.

Is the deposit refundable?

– Yes, the deposit is refundable provided that you return the trailer in the same condition as you received it. At the time of the release, one of our staff members will conduct a maintenance report to ensure the trailer is in good condition to be released. If you vacate your lease before it ends, you will not be eligible to receive a deposit refund.

– You can apply by filling out the application form on our website. We need you to fill out the credit application form and submit the following documents: * the Driver’s license of the Company Owner, * the Articles of Incorporation or Annual Report of your company * a Certificate of Insurance to prove your fleet is insured Once we receive the application, we will get back to you with an answer within 24 hrs. If you’re approved, you’ll be assigned a trailer. This means you need to put the trailer’s VIN# on your Certificate of Insurance and send us a copy. IMPORTANT NOTE: The COI has to list Torrent Leasing as the Loss Payee. We will send you a lease agreement and a rate agreement that you will have to sign. Once all of the paperwork is done, you will be instructed to make a payment for the security deposit and the first month’s rent.

Do you lease to sell?

– We have a variety of flexible leasing options. It’s best to give us a call to find out about our current offer. You can also subscribe to our newsletter in order to stay up to date with all of our offers!

Where I can pick up the trailer?

– Once we have everything signed and sealed, you will be instructed to come to our yard in Addison, Illinois to pick up the trailer. It’s important that we plan this at least a day in advance to make sure we have everything prepared and not to keep your driver waiting!

What is the shortest lease?

– We have a variety of lease options designed to best suit your needs. Our shortest term lease is a daily rental. We have special offers for daily and weekly rental. In addition to that we do month to month leasing and long term starting from 6 months and up to 5 years.

Where are you located?

– Our yard is located in Addison, Illinois.

Do you lease trailers month to month?

– We do have month to month leasing options with special pricing.

Looking for Flexible Leasing Solutions? – We Can Help!

LONG-TERM LEASE

Long-term leases come with a lower monthly rate. All trailers are five years or newer. Depending on your needs and a trailer type, regular maintenance, and the following services can be included in your lease program, at a slightly higher fixed cost:

Brake parts and labor due to normal wear and tear.
Tire replacement due to normal wear and tear. Punctures, damages, or blowouts of any kind are not covered.
Shock absorbers due to normal wear and tear.
Rotating parts such as door hinges on older trailers.

This full-service price does not include damage repair or insurance claim handling, towing charges and storage, abnormal wear or damage of tires, insurances, fuel, and VAT.

Inadequately maintained trailers while under long-term lease could result in premature wear of certain parts. In those situations, repair costs are considered damages and not regular wear. Please make sure to lubricate rotating parts, check tire pressure, and do not use trailers in applications or environments it is not suited for.

With long-term leases, you are allowed to use the trailer for a defined period and rate. Torrent Leasing retains ownership of the trailer during and after the term.

Leasing reduces the cost impact for acquisition because leasing does not require a down payment. Costs will spread over the life of the lease term, which means you can retain existing capital for financing your core business operations and investments.

Here are the advantages that Torrent Leasing can bring to your industry:

Improved cash flow
No down payment*
Tax advantages
Consistent operating costs
Keep up with the latest equipment without having to purchase
Full Maintenance Lease

Whether you need a single unit or want to add or replace a group of trailers, our full-service lease solutions are customized to meet your business’ financial and operational needs.

LEASE TO PURCHASE

With a lease-purchase option we give you the flexibility to purchase the trailer at the end of the lease term for a pre-determined residual price set in the contract.
At the end of your lease term, you will be afforded the opportunity to either purchase the trailer at the residual value or you will have the option of simply walking away with no further obligation.
You can also have an early termination option on this type of lease which gives you even more flexibility.

Torrent Leasing purchase solutions are tailored to your needs providing you with all the opportunities for the affordable and quick purchase of new or used trailers.

Here are the advantages that Torrent Leasing can bring to your industry:

Improved cash flow
No down payment*
Tax advantages
Affordable weekly payment until the trailer is paid off
Option to purchase the trailer at any time
Occupational Accident Insurance

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